The estimated value of this property is $197,767, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $219,000 and $222,000. Among the similar homes currently available in SONTERRA WEST, this price point stands out as competitive. Built in 2008, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in SONTERRA WEST, listed between $222,500 and $285,000. Recent trends in SONTERRA WEST show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 237 Moonstone DR, Jarrell TX 76537, with an adjusted value of $200,865; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group